An Economy Is Efficient When

question 32

Multiple Choice

An economy is efficient when:

• A)the problem of scarcity is eliminated.
• B)output is distributed equitably.
• C)all opportunities to make some people better off without making other people worse off have been taken.
• D)all opportunities to make some people worse off without making other people better off have been taken.

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Definitions:

Professional Group

An organization or association of individuals in the same profession, aimed at advancing their interests and professional development.

Consumers of Nursing Care

Individuals, families, or communities that use or are affected by nursing services and interventions.

Assurance of Competence

Measures and practices in place to ensure individuals or organizations can effectively and proficiently perform their duties or services.

American Nurses Association

The American Nurses Association (ANA) is a professional organization that represents the interests of the millions of registered nurses in the United States, advocating for quality healthcare and the nursing profession.